Reko Diq mines: Consultants for scrutiny of feasibility urged

Internationally acclaimed geologist calls for hiring services of international consultants to scrutinise feasibility.


Adil Jawad January 15, 2011
Reko Diq mines: Consultants for scrutiny of feasibility urged

KARACHI: Internationally acclaimed geologist and former head of Resource Development Corporation (RDC) Dr Sabihuddin Bilgrami has called for hiring the services of international consultants to scrutinise the feasibility report prepared by Tethyan Copper Company (TCC) concerning the Reko Diq copper-gold project.

He says that Pakistan lacks experts capable of undertaking large-scale mining, processing and refining jobs locally but through the Reko Diq project, “we could produce a crop of experts”.

In a special interview with the Daily Express, he said mining technology is now pretty advanced. There was a time when mines became workable with 30 to 40 per cent content, but now mines with just one or even half a per cent mineral content are being refined. It is imperative to hire people with expertise in latest mining techniques.

Dr Bilgirami, who earned his degrees in geology from Harvard and Manchester universities, said Reko Diq is not an ordinary project because investment estimates for its development are being put at two to three billion dollars. However, the country’s economy cannot afford making this huge investment on the scheme.

He said the solution to this problem is that the federal and provincial governments hire international firms of good repute. They should be tasked to look closely at the feasibility report prepared by TCC, the drilling done so far and the minerals analysis made. The consultants should tell us to what extent the estimates made by TCC are correct and which parts of the sites should be worked on.

He said in light of this report, an agreement should be signed with TCC or any other company to protect the country’s interest.

Published in The Express Tribune, January 15th,  2011.

COMMENTS (14)

Syed Abdur Rahim | 13 years ago | Reply I would like to have contact number of Dr. Bilgrami with whom I did work in RDC 1979-85. Thanks.
sohail Subuk | 13 years ago | Reply Reko-Diq is a great opportunity for Pakistan-- and especially Baluchistan to garner--investment and technology transfer in mining. These self proclaimed experts will mess up everyhting if not checked judiciously by the supreme court and the Chief justice. Many people say--we can do this and we can do that-- but FEW can show what they have done!! Pakistan is not onthe moon--it is One of the 200+ countriesd of the UN-- a lot of whom are trying to attract Investments and are Not trying through their stupidity to drive away investment. So let the Foreign Company work at their expertise and build a Mine-- let them set a template We must honor our committments and not renege after 17 years---let them finish th eProject --there are 13,000 sq Miles more-- that others can take--- Why must we go after this small 100 sq mile area and try to subvert someone who has spent so much money and effort already---It will give a very bad signal to foreign investors My advice is to honour our pledges---and let them take the Concentrate and sell it in the open market. Then an Area play will start and 60-70 Companies will come--likje what happened in Indonesia-- Please dont spoil a happening thing, the pakistani nation will curse those who subvert this and take away 12,500 jobs multiplied by 6 or 7 May allah givethe wisdom to all these people,before the company runs away??
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